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  • newRahul is off mark, this Land Bill pro farmer: Shekhar Gupta
    According to Shekhar Gupta, vice-chairman of India Today Group, the current Land Bill is a better version of the previous ones. Since the bill was pushed in early, it portrayed the government as arrogant.
    - 1 hour ago, 21 Apr 15, 12:16pm -
  • newGE in talks to sell lending unit for $74 bn: report
    GE is pursuing negotiations to sell all or part of the business to Wells Fargo, with the talks also involving other bidders, the newspaper said, citing people familiar with the matter. Contacted by AFP, the huge US conglomerate declined to comment.
    - 4 hours ago, 21 Apr 15, 9:50am -
  • newHavells acquires controlling stake in Promptec
    Havells is also aiming to expand Promptec business to Rs 250 crore in next 3-4 years from its current revenues of Rs 35 crore. On being asked as how the multifold growth would be achieved, he said: "Promptec's technology would be benefited with our large marketing network.
    - 5 hours ago, 21 Apr 15, 8:26am -
  • newHindalco's Novelis ousts CEO, surprising investors
    The abrupt departure over the weekend of Martens, a former Ford executive who took over the role in 2009, comes as Novelis has successfully positioned itself as a key supplier of flat rolled aluminum products to the automotive industry, where demand for the lighter metal is burgeoning as automakers seek to design more energy-efficient vehicles.
    - 6 hours ago, 21 Apr 15, 8:04am -
  • newThink-tank wants TRAI cut-off for Net neutrality extended
    The group is of the view that the April 24 cut-off is "unreasonable and should be extended". It also wants the telecom regulator to bring out the document in regional languages as well.
    - 15 hours ago, 20 Apr 15, 10:45pm -
  • newDo not need anymore funding; no plans for IPO: Housing.com
    Housing.com is one of the companies that has ridden the tech-startup wave in India and come out ahead. In an exclusive interview with CNBC-TV18’s Alexander Mathew Housing.com CFO Azeem Zainulbhai said his company would not need further fund infusion from its private equity investors and would not look to tap the capital market any time soon.
    - 15 hours ago, 20 Apr 15, 10:19pm -
  • newSulekha gets Rs 175cr funding, to extend in 25 new cities
    Satya Prabhakar, founder and CEO, said that the investment would play a crucial role in the company’s plans to extend its presence in the Local Services space, to 25 tier-II cities.
    - 16 hours ago, 20 Apr 15, 9:31pm -
  • newDaiichi Sankyo to offload stake in Sun Pharma
    As part of the deal, Ranbaxy shareholders were to receive 0.8 Sun Pharma shares for every Ranbaxy share they held. Daiichi Sankyo, which had acquired a majority stake in Ranbaxy in 2008 for around Rs 22,000 crore, held 63.4 percent in the Gurgaon-based firm at the time of the merger.
    - 18 hours ago, 20 Apr 15, 8:15pm -
  • newTraders expect 25-30% rise in Akshay Tritiya gold sales
    The jewellery trade is expecting an increase of about 25-30 percent in sales this year in comparison to sales made last year on Akshya Tritiya.
    - 18 hours ago, 20 Apr 15, 7:56pm -
  • newLanco completes Udupi plant sale to Adani Power
    The enterprise value of the deal is pegged at Rs 6,300 crore
    - 19 hours ago, 20 Apr 15, 6:54pm -
  • new'Govt to rope in pvt pharma firms to revive sick PSUs'
    Government to utilise the manufacturing capabilities of defunct as well as sick drug manufacturing PSUs and urge private companies to join hands with government to revive the PSUs.
    - 19 hours ago, 20 Apr 15, 6:45pm -
  • newLay's has tied up with Amazon.in for launching the product
    Lay's is launching their product in a 4 pack bundle priced at Rs. 120 with Amazon.in
    - 20 hours ago, 20 Apr 15, 5:22pm -
  • newSeeing some signs of recovery in yarn business: Technocraft
    Technocraft Industries manufacture drum closures, Scaffolding and yarn products. They have been witnessing a steady demand growth as the economic recovery plays out. Watch the interview of Sharad Saraf, Managing Director of Technocraft Industries with Reema Tendulkar and Mangalam Maloo on CNBC-TV18.
    - 22 hours ago, 20 Apr 15, 4:10pm -
  • newDecoding Business Growth: Truly exciting Wonderla Holidays
    The Bangalore based Wonderla Holidays has become one of the largest operators of amusement parks and resorts in the country. The company operates two amusement parks under the brand name Wonderla. It offers wide range of water and land based attractions to people of all age groups in Bangalore and Kochi.
    - 22 hours ago, 20 Apr 15, 4:07pm -
  • newPosco, SAIL in talks for setting up a steel plant: Govt
    On Posco's USD 12 billion Odisha project, considered the largest FDI in India, Tomar in his reply said, "The Memorandum of Understanding (MoU) of Posco, for setting up of a mega steel plant at Jagatsinghpur in Odisha has not yet been renewed by the State Government."
    - 22 hours ago, 20 Apr 15, 3:37pm -

Reuters India

Live Mint

Live Mint - Companies

Google: India Business News

  • newHCL Tech shares tank nearly 10% as Q3 earnings disappoint - Daily News & Analysis

    HCL Tech shares tank nearly 10% as Q3 earnings disappoint - Daily News & Analysis

    Daily News & AnalysisHCL Tech shares tank nearly 10% as Q3 earnings disappointDaily News & Analysis"HCL Technologies announced its Q3 FY'15 results below expectations," said Sarabjit Kour Nangra, VP Research - IT, Angel Broking. Representational image File Photo dna Research & Archives. Shares of HCL Technologies fell sharply by nearly 10 per ...HCL Technologies dips on disappointing Q3 resultsBusiness StandardHCL Tech shares fall over 3 per cent after Q3 resultBusiness TodayDeal pipeline bette…
    - 43 mins ago, 21 Apr 15, 1:03pm -
  • newPOSCO Q1 profit up 20 pct, low iron ore costs outweigh weaker steel prices - Reuters India

    POSCO Q1 profit up 20 pct, low iron ore costs outweigh weaker steel prices - Reuters India

    Reuters IndiaPOSCO Q1 profit up 20 pct, low iron ore costs outweigh weaker steel pricesReuters IndiaSEOUL (Reuters) - South Korean steelmaker POSCO (005490.KS) said on Tuesday its quarterly operating profit rose 20 percent, beating estimates, as lower iron ore input costs more than offset the impact of weaker steel prices. POSCO, the world's ...POSCO Q1 Profit Up 20%, Low Iron Ore Costs Outweigh Weaker Steel PricesNDTVall 4 news articles »
    - 46 mins ago, 21 Apr 15, 1:00pm -
  • newRupee trims initial losses, still down by 6 paise - Business Standard

    Rupee trims initial losses, still down by 6 paise - Business Standard

    LivemintRupee trims initial losses, still down by 6 paiseBusiness StandardThe rupee trimmed its initial losses against the American currency in late morning deals but was still trading lower by 6 paise to 62.97 on dollar demand from from banks and importers. The rupee resumed lower at 63.15 per dollar as against the last closing ...Indian rupee recovers from initials losses, up 6 paise vs US dollarFinancial ExpressRupee recovers from initial losses, up 6 paise at 62.97Business TodayRupee Recove…
    - 52 mins ago, 21 Apr 15, 12:54pm -
  • newSensex, Nifty recover; HCL Tech trims losses, pharma weak - Moneycontrol.com

    Sensex, Nifty recover; HCL Tech trims losses, pharma weak - Moneycontrol.com

    Moneycontrol.comSensex, Nifty recover; HCL Tech trims losses, pharma weakMoneycontrol.comKey indices came off the day's low. Pharma and IT stocks continued to lose ground while Bank Nifty showed some resilience. Google +. Like this story, share it with millions of investors on M3. Sensex, Nifty recover; HCL Tech trims losses, pharma weak.Sensex, Nifty trim losses; RIL, ITC gain nealy 1%Business StandardSensex in red, Nifty tests 8400; top ten stocks in focusEconomic TimesSensex, Nifty marginally…
    - 53 mins ago, 21 Apr 15, 12:53pm -
  • newSun Pharma stock tank 11% as Daiichi makes a dash for exit - Daily News & Analysis

    Sun Pharma stock tank 11% as Daiichi makes a dash for exit - Daily News & Analysis

    Daily News & AnalysisSun Pharma stock tank 11% as Daiichi makes a dash for exitDaily News & AnalysisYesterday, Daiichi Sankyo Company Ltd had announced its decision to sell "the entire or part of its holdings of Sun Pharmaceutical shares..." Dikip Shanghvi, founder, Sun Pharma File Photo dna Research & Archives. Shares of Sun Pharmaceutical plunged ...Sun Pharma shares tank over 10 per cent on Daiichi's share saleBusiness TodaySun Pharma Slumps Over 10% as Daiichi ExitsNDTVDaiichi Sankyo to off…
    - 59 mins ago, 21 Apr 15, 12:47pm -
  • newIndia to auction 69 marginal fields owned by ONGC, Oil India - official - Reuters India

    India to auction 69 marginal fields owned by ONGC, Oil India - official - Reuters India

    Reuters IndiaIndia to auction 69 marginal fields owned by ONGC, Oil India - officialReuters IndiaNEW DELHI (Reuters) - India will soon auction 69 marginal oil and gas fields owned by state explorers Oil and Natural Gas Corp and Oil India Ltd, the country's oil secretary said on Tuesday. "Marginal field policy will have approval soon for 69 fields which ...and more »
    - 1 hour ago, 21 Apr 15, 12:44pm -
  • newRIL's credit metrics will improve in two years, Moody's says - Times of India

    RIL's credit metrics will improve in two years, Moody's says - Times of India

    Times of IndiaRIL's credit metrics will improve in two years, Moody's saysTimes of IndiaCOIMBATORE: Reliance Industries (RIL) credit metrics would improve in the next two years on completion of new projects, Moody's Investors Service has said. Despite revenues falling by 26%, RIL's (LC: Baa2 positive, FC: Baa2 stable) EBITDA (earnings ...RIL's credit metrics to improve over next 2 years, says Moody'sBusiness TodayMoody's: RIL's credit metrics to improve over next two yearsIndiainfolineRIL: Stro…
    - 1 hour ago, 21 Apr 15, 12:36pm -
  • newRBI's rupee management undermines hedging push - Economic Times

    RBI's rupee management undermines hedging push - Economic Times

    NDTVRBI's rupee management undermines hedging pushEconomic TimesMUMBAI: The Reserve Bank of India's intervention to temper the rupee's rise is inflating foreign exchange hedging costs, impeding its own efforts to bolster Corporate India's defenses against potential currency turbulence. For long, one of the biggest concerns ...RBI Snaps Up $49.2 Billion in April-February, Most in 7 YearsNDTVall 23 news articles »
    - 1 hour ago, 21 Apr 15, 12:34pm -
  • newAkshaya Tritiya: More downside expected in gold prices - Zee News

    Akshaya Tritiya: More downside expected in gold prices - Zee News

    The HinduAkshaya Tritiya: More downside expected in gold pricesZee NewsIndia is the world's largest consumer of gold and the precious metal is the second-largest imported item for the country after petroleum. Sale of the yellow metal in the country goes higher during festivities. However, this Akshya Tritiya, which is considered an ...Gold Jewelers Count on Indian Festival Fortunes to Rouse DemandBloombergWith gold prices on a steady decline, it makes sense to buyFinancial ExpressAkshaya Tritiy…
    - 2 hours ago, 21 Apr 15, 11:59am -
  • newUnconventional monetary policies to have negative effect: Arun Jaitley - Economic Times

    Unconventional monetary policies to have negative effect: Arun Jaitley - Economic Times

    Business TodayUnconventional monetary policies to have negative effect: Arun JaitleyEconomic TimesWASHINGTON: Finance Minister Arun Jaitley has said unconventional monetary policies (UMP) of developed countries can have negative spill overs on emerging eoncomies. "Emerging market economies face a high risk of negative spill-overs from ...India close to picking candidate for New Development BankZee NewsRich nations' monetary policies threaten stability: JaitleyDeccan HeraldRich nations' monetary…
    - 8 hours ago, 21 Apr 15, 5:33am -

Yahoo! World Business

  • newIran wants OPEC to pave way for its extra oil production when sanctions lifted

    Iran wants OPEC to pave way for its extra oil production when sanctions lifted

    Members of the Organization of the Petroleum Exporting Countries (OPEC) should prepare for extra Iranian crude production when Western sanctions on Tehran are lifted, Iran's oil minister was quoted on Tuesday by state news agency IRNA as saying. "We expect the members of OPEC to pave the ground for (an) increase of Iran's oil production that will reach global markets when sanctions are lifted," Bijan Namdar Zanganeh said during a meeting with his Venezuelan counterpart Asdrubal Chavez in Tehran,…
    - 1 hour ago, 21 Apr 15, 12:37pm -
  • newIs the Rise in E-cigarette Use by Teens a Positive Thing?

    Is the Rise in E-cigarette Use by Teens a Positive Thing?

    In this brave new world of everything technology enabled we now have electronic devices that deliver a nicotine laced fluid, which as/when vaporized is inhaled by the user. E-cigarettes were developed in China and made available to the U.S. market in 2007. They are tobacco free products, e-cigs are actually vaporizers. They don't burn tobacco,...
    - 2 hours ago, 21 Apr 15, 12:12pm -
  • newYouTube app will soon stop working on older smart TVs and iOS devices

    YouTube app will soon stop working on older smart TVs and iOS devices


    - 2 hours ago, 21 Apr 15, 11:54am -
  • newWith a prince's backing, James Murdoch may soon ascend at Fox

    With a prince's backing, James Murdoch may soon ascend at Fox

    Saudi Arabia's Prince Alwaleed bin Talal is in no doubt that James Murdoch is ready to take a much bigger role at Twenty-First Century Fox, by far the largest part of the media empire that James' father Rupert Murdoch built. "James is a giant!" said Alwaleed, a Murdoch family ally and one of Fox’s top shareholders with a 6.6 percent voting stake, in an interview. In particular, Alwaleed points to what he says is James' ability to grasp the digital world and understand how it is transforming th…
    - 2 hours ago, 21 Apr 15, 11:45am -
  • newBoutique banks to suffer most if Comcast-Time Warner Cable deal vetoed

    Boutique banks to suffer most if Comcast-Time Warner Cable deal vetoed

    Hints that U.S. regulators could veto Comcast Corp's proposed $45 billion takeover of Time Warner Cable Inc have investment bankers worried about whether they will get paid, with smaller advisory firms particularly on edge. Boutique investment banks such as Allen & Company, Centerview Partners and Paul Taubman's PJT Partners have limited resources compared to their larger brethren, and they use them to win mandates on a few big deals. Yet it is megadeals such as the Comcast-Time Warner Cable buy…
    - 2 hours ago, 21 Apr 15, 11:29am -
  • newInflation goal may be too low, says Fed's Rosengren: FT

    Inflation goal may be too low, says Fed's Rosengren: FT

    Rosengren said he wanted the Federal Open Market Committee to debate about whether the United States' inflation target of 2 per cent was too low, the FT reported. If inflation targets were set higher, it could mean a higher long-run policy rate, which would mean more room to cut interest rates before hitting the so-called "zero lower bound", Rosengren, who does not have a vote on the Fed's policy-setting committee this year, told FT.
    - 3 hours ago, 21 Apr 15, 11:15am -
  • newStocks firm after China stimulus, euro hit by Greek anxiety

    Stocks firm after China stimulus, euro hit by Greek anxiety

    Asian stocks were firm on Tuesday after China's latest step to prop up its faltering economy lifted global equities, while the euro was pressured on growing worries a cash-strapped Greece may default on its debt. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.3 percent. It was led by a 1.5 percent rise in Hong Kong's Hang Seng index , which had been on a 3-week roll driven by Chinese portfolio investments. China's central bank on Sunday cut the amount of cash banks must hold…
    - 3 hours ago, 21 Apr 15, 11:07am -
  • newNAB services small business customers with Xero partnership

    NAB services small business customers with Xero partnership

    National Australia Bank small business customers will be able to receive real-time information from NAB and Xero as part of a new partnership with the accounting software firm.
    - 3 hours ago, 21 Apr 15, 11:04am -
  • newGameStop's going retro with classic consoles and games
    GameStop is trying a new tactic as it faces increased competition from the likes of Gamefly, Amazon and other online retailers: It's going old school. IGN reports that beginning April 24th, the company ...
    - 3 hours ago, 21 Apr 15, 11:01am -
  • newRobotic kitchen will be your own personal chef

    Robotic kitchen will be your own personal chef

    A robotic kitchen stocked with a database of 2,000 recipes becomes a high-tech personal chef.
    - 3 hours ago, 21 Apr 15, 10:56am -
  • newWild weather hits telco services in NSW

    Wild weather hits telco services in NSW

    Power outages caused by wild weather along the New South Wales coast have hit telecommunications services in the state, with areas between Nowra and Taree impacted.
    - 3 hours ago, 21 Apr 15, 10:50am -
  • newMandatory data-retention funding to be a Budget surprise

    Mandatory data-retention funding to be a Budget surprise

    Communications Alliance CEO John Stanton has said that the Australian government is still refusing to reveal how much it will pay telcos for the cost of implementing mandatory data retention.
    - 3 hours ago, 21 Apr 15, 10:32am -
  • newWestern Australia takes legal action against Uber

    Western Australia takes legal action against Uber

    ​Just months after targeting Uber drivers, the Western Australia government is taking legal action against the ride-sharing app developer directly for not having the correct licence to operate in the state.
    - 4 hours ago, 21 Apr 15, 9:50am -
  • new​Enterprise mobility market to reach AU$5b by 2019: Telsyte

    ​Enterprise mobility market to reach AU$5b by 2019: Telsyte

    Telsyte believes the Australian enterprise mobility market will be driven by a combination of mobile device hardware, management software, and value-added services.
    - 4 hours ago, 21 Apr 15, 9:40am -
  • newServiceNow launches enterprise app marketplace

    ServiceNow launches enterprise app marketplace

    Longtime ServiceNow partners Cloud Sherpas and Fruition Partners are leading the inaugural wave of applications.
    - 4 hours ago, 21 Apr 15, 9:31am -
  • newDaily Roundup: Nokia making phones again, Sony wants better selfies and more!

    Daily Roundup: Nokia making phones again, Sony wants better selfies and more!


    - 4 hours ago, 21 Apr 15, 9:27am -
  • newReputation Managment is a Necessity for on the Go Brands

    Reputation Managment is a Necessity for on the Go Brands

    Today, savvy brands embrace online reputation management or risk losing revenue and brand cachet. Many marketing execs and small business owners don't grasp how important online reputation management is to their business. Search is the front end to an estimated 45% of ecommerce transactions and many of these may be brand specific (company name...
    - 4 hours ago, 21 Apr 15, 9:19am -
  • newSamsung cements SSD leadership in 2014

    Samsung cements SSD leadership in 2014

    Samsung held its top spot in the solid-state drive market last year, and is expected to further cement its position and increase revenue in the coming years.
    - 4 hours ago, 21 Apr 15, 9:16am -
  • newThis humanoid robot can read facial expressions and make his own

    This humanoid robot can read facial expressions and make his own

    Hanson Robotics' Han the robot made his debut at the Global Sources Electronics Fair, where he interacted with visitors, holding eye contact and conversation.
    - 5 hours ago, 21 Apr 15, 9:02am -
  • newChina overhauling IPO process, mulls foreign firms listing: report

    China overhauling IPO process, mulls foreign firms listing: report

    China will switch to a "registration system" for initial public offerings (IPO), ending the current approval process, the official China Securities Journal reported on Tuesday, a day after parliament began reviewing draft changes to the Securities Law. A registration system - used in mature markets such as the United States, where the market decides who gets to list, when, and for how much - will obviate the China Securities Regulatory Commission's (CSRC) role as the approval agency, industry so…
    - 5 hours ago, 21 Apr 15, 8:44am -
  • newAT&T finally brings its gigabit internet to Chicago's suburbs

    AT&T finally brings its gigabit internet to Chicago's suburbs


    - 5 hours ago, 21 Apr 15, 8:36am -
  • newGoogle joins the search for Loch Ness Monster, may have found it (or not)

    Google joins the search for Loch Ness Monster, may have found it (or not)

    Technically Incorrect: Google may have all sorts of problems in Europe, but it's trying to make a contribution too.
    - 5 hours ago, 21 Apr 15, 8:25am -
  • newChina needs more reform to avert 'boom bust' market scenarios-BlackRock

    China needs more reform to avert 'boom bust' market scenarios-BlackRock

    The chief executive of BlackRock Inc , the world's largest money manager, said on Tuesday that China will need to continue to reform its capital markets to avert what he called boom and bust scenarios. "It is our strong belief that China needs more robust capital markets," CEO Larry Fink said at a Credit Suisse conference in Singapore. "And by having a more robust capital market, it will mean we'll have less boom bust. "China needs to expand its capital markets.
    - 5 hours ago, 21 Apr 15, 8:19am -
  • newYahoo's new search pact with Microsoft includes opt-out clause

    Yahoo's new search pact with Microsoft includes opt-out clause

    Either company will be able to terminate the amended deal on or after October 1, according to a new regulatory filing.
    - 6 hours ago, 21 Apr 15, 8:03am -
  • new​Singtel to leave ASX by May

    ​Singtel to leave ASX by May

    A continuing decline of publicly traded Singtel securities in Australia has prompted Optus' Singapore-based parent company to ask for permission to delist from the ASX by the end of May.
    - 6 hours ago, 21 Apr 15, 7:54am -
  • newTelstra not committing to premium charges for Netflix

    Telstra not committing to premium charges for Netflix

    Telstra has no plans to charge over-the-top players like Netflix to ensure the delivery of their traffic, according to chief operations officer Kate McKenzie.
    - 6 hours ago, 21 Apr 15, 7:20am -
  • newMattel hopes you'll design 3D-printed toys

    Mattel hopes you'll design 3D-printed toys


    - 6 hours ago, 21 Apr 15, 7:18am -
  • newBaidu leaves Japanese search market

    Baidu leaves Japanese search market

    Baidu recently confirmed its exit from the Japanese market, after failing to compete with Yahoo and Google.
    - 7 hours ago, 21 Apr 15, 7:08am -
  • newMicrosoft chooses Australia for first store outside North America

    Microsoft chooses Australia for first store outside North America

    As it expands its online presence to more than 189 countries, Microsoft has announced it will open its first retail store outside North America in Sydney, Australia.
    - 7 hours ago, 21 Apr 15, 6:42am -
  • new​Microsoft to open flagship store in Sydney

    ​Microsoft to open flagship store in Sydney

    Microsoft is set to open its first flagship store outside of North America in Sydney, in time for the Christmas shopping period.
    - 7 hours ago, 21 Apr 15, 6:33am -
  • new2016 Mazda MX-5 Miata begins U.S.-bound production with 1,000 Launch Edition examples

    2016 Mazda MX-5 Miata begins U.S.-bound production with 1,000 Launch Edition examples

    The next generation of the Mazda MX-5 Miata inches towards North American landfall with today's announcement and official pricing info.
    - 7 hours ago, 21 Apr 15, 6:33am -
  • newOMG! Oh My Gold! Beyonce has a special gold Apple Watch

    OMG! Oh My Gold! Beyonce has a special gold Apple Watch

    Technically Incorrect: Time stood still today, as Beyonce posed on her own Web site wearing an extraordinary Apple Watch.
    - 7 hours ago, 21 Apr 15, 6:32am -
  • newThe Big Picture: Chevy's self-driving concept car is straight out of sci-fi
    Thought that Mercedes' F 015 self-driving car was futuristic? It looks old hat next to GM's autonomous electric concept, the Chevrolet-FNR. The pod-like design appears ripped straight from a sci-fi flick, ...
    - 8 hours ago, 21 Apr 15, 6:06am -
  • newRepublic Wireless to credit customers for unused data

    Republic Wireless to credit customers for unused data

    The upstart wireless provider hopes its new data plan will lure customers away from the biggest wireless operators.
    - 8 hours ago, 21 Apr 15, 5:36am -
  • newDisney Research makes dubbed movies more believeable
    "This town's like a great big chicken, just waiting to get plucked." That line is one of the more unintentionally funny results of cleaning up 1983's notoriously blue Scarface for cable, and ...
    - 8 hours ago, 21 Apr 15, 5:28am -
  • newWhat's on your HDTV: 'StarTalk', 'Taken 3' and 'Breakin' on Blu-ray

    What's on your HDTV: 'StarTalk', 'Taken 3' and 'Breakin' on Blu-ray


    - 9 hours ago, 21 Apr 15, 5:05am -
  • newGesture-enabled touchpad fits on your thumbnail (Tomorrow Daily 164)

    Gesture-enabled touchpad fits on your thumbnail (Tomorrow Daily 164)

    On today's show, Khail and Ashley discuss MIT's new mini touchpad and where you might use it, a learning project called zSpace that hopes to mix tech and education in a new way and the results of SpaceX's third attempt at making reusable rockets viable.
    - 9 hours ago, 21 Apr 15, 5:01am -
  • newIBM sales fall for 12th quarter, currency weighs

    IBM sales fall for 12th quarter, currency weighs

    (Reuters) - International Business Machines Corp reported a 12 percent fall in first-quarter revenue as the technology company continues to shed unprofitable businesses to focus on cloud-computing initiatives. It was the 12th straight quarter that the Armonk, New York-based company reported a drop in quarterly revenue, including the effects of currency. IBM's revenue has been shrinking for three years now as the company sheds low-profit businesses such as cash registers, low-end servers and semi…
    - 11 hours ago, 21 Apr 15, 3:04am -
  • newMorgan Stanley posts highest profit since financial crisis

    Morgan Stanley posts highest profit since financial crisis

    By Anil D'Silva and Avik Das (Reuters) - Wall Street investment bank Morgan Stanley reported its most profitable quarter since the financial crisis on Monday, boosted by higher revenue from trading bonds and equities. The bank's trading business, like those of its main rivals, got a boost in the quarter after the Swiss central bank scrapped a cap on the franc, the European Central Bank announced its quantitative easing program and the U.S. Federal Reserve took steps toward tightening monetary po…
    - 13 hours ago, 21 Apr 15, 12:43am -
  • newGE in talks to sell lending, leasing portfolio to Wells Fargo: source

    GE in talks to sell lending, leasing portfolio to Wells Fargo: source

    The talks with Wells Fargo underscore GE's urgency in looking to dismantle its GE Capital business and free itself from the financial regulatory pressures that come with it. GE earlier this month unveiled plans to exit the bulk of GE Capital over the next few years to focus more on industrial manufacturing. Chief Financial Officer Jeff Bornstein told analysts on the company's quarterly conference call last week that GE was seeing "incredible" interest in the GE Capital assets.
    - 15 hours ago, 20 Apr 15, 10:55pm -

Yahoo! India Business

  • newGold holds below $1,200 due to firmer dollar, equities

    Gold holds below $1,200 due to firmer dollar, equities

    By A. Ananthalakshmi SINGAPORE (Reuters) - Gold remained below the key $1,200 level on Tuesday, adding to overnight losses, as a rally in global equities and a firmer dollar dented the metal's appeal as a safe haven. Spot gold was down 0.2 percent to $1,194 an ounce at 0657 GMT after losing 0.7 percent on Monday. "Precious markets declined, as market participants pared back safe-haven exposure in gold," said ANZ analyst Victor Thianpiriya. Athens is in negotiations with its eurozone partners and…
    - 1 hour ago, 21 Apr 15, 12:41pm -
  • newAsian stocks firm after China stimulus, euro hit by Greek anxiety

    Asian stocks firm after China stimulus, euro hit by Greek anxiety

    By Hideyuki Sano and Vidya Ranganathan TOKYO (Reuters) - Asian stocks were firm on Tuesday after China's latest step to prop up its faltering economy lifted global equities, while the euro was pressured on growing worries a cash-strapped Greece may default on its debt. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.3 percent. It was led by a 1.5 percent rise in Hong Kong's Hang Seng index, which had been on a 3-week roll driven by Chinese portfolio investments. China's centr…
    - 2 hours ago, 21 Apr 15, 11:23am -
  • newRBI's rupee management undermines hedging push

    RBI's rupee management undermines hedging push

    By Suvashree Choudhury MUMBAI (Reuters) - The Reserve Bank of India's intervention to temper the rupee's rise is inflating foreign exchange hedging costs, impeding its own efforts to bolster Corporate India's defences against potential currency turbulence. For long, one of the biggest concerns for the RBI has been the risk of a destabilising outflow of funds as the U.S. Federal Reserve edges closer towards raising interest rates from historic lows.
    - 4 hours ago, 21 Apr 15, 9:50am -
  • newRupee hits 3-1/2-month low; stocks slide on tax worries

    Rupee hits 3-1/2-month low; stocks slide on tax worries

    MUMBAI (Reuters) - The rupee fell to a three and a half month low in early trade on Tuesday as concerns over retrospective taxation loomed among foreign investors, while weak Asian peers and broad dollar strength added to the pressure. Stocks also fell to their lowest in nearly four weeks. The partially convertible rupee fell to 63.1550 per dollar, its lowest since Jan. 8 and compared to its previous close of 62.91/92 when it had fallen the steepest intraday since Dec. 16. The broader 50-share N…
    - 4 hours ago, 21 Apr 15, 9:31am -
  • newNikkei hits fresh 1-month high on earnings hopes; Sony outperforms

    Nikkei hits fresh 1-month high on earnings hopes; Sony outperforms

    By Thomas Wilson TOKYO (Reuters) - Japanese stocks rose to a fresh one-month high on Wednesday as expectations of strong corporate earnings and a weaker yen boosted investor sentiment. The Nikkei benchmark gained 0.2 percent to close at 17,795.73, its highest since Dec. 29, after reversing early losses triggered by profit-taking after disappointing U.S. earnings. The average rose 1.7 percent on Tuesday. Market participants were also buying on expectations that Wall Street shares would recover Tu…
    - 5 hours ago, 21 Apr 15, 8:48am -
  • newChina needs more reform to avert "boom bust" market scenarios - BlackRock

    China needs more reform to avert "boom bust" market scenarios - BlackRock

    The chief executive of BlackRock Inc , the world's largest money manager, said on Tuesday that China will need to continue to reform its capital markets to avert what he called boom and bust scenarios. "It is our strong belief that China needs more robust capital markets," CEO Larry Fink said at a Credit Suisse conference in Singapore. "And by having a more robust capital market, it will mean we'll have less boom bust. "China needs to expand its capital markets.
    - 6 hours ago, 21 Apr 15, 8:15am -
  • newWall Street rallies on China stimulus ahead of tech earnings

    Wall Street rallies on China stimulus ahead of tech earnings

    Wall Street rose on Monday, reversing much of the previous session's sharp decline, as China's steps to stimulate its slowing economy and cautious optimism about U.S. earnings lured investors into technology stocks. In the second industry-wide cut in two months, China's central bank on Sunday reduced the amount of cash that banks must hold as reserves in a move to help spur lending and combat slowing growth. At 2:58 p.m. the Dow Jones industrial average rose 209.52 points, or 1.18 percent, to 18…
    - 11 hours ago, 21 Apr 15, 2:32am -
  • newShares gain on China stimulus; Greece worries weigh on euro

    Shares gain on China stimulus; Greece worries weigh on euro

    By Sinead Carew NEW YORK (Reuters) - Equity markets rebounded on Monday after China took steps to stimulate its economy and Wall Street also rose on corporate earnings, while the euro weakened further on worries about Greece. "It's primarily a snap-back rally from the very bad day Friday," said Peter Tuz, president of Chase Investment Counsel in Charlottesville, Virginia, citing the news out of China and U.S. corporate earnings. The European Central Bank's vice president said on Monday that a co…
    - 12 hours ago, 21 Apr 15, 2:15am -
  • newMorgan Stanley posts highest profit since financial crisis

    Morgan Stanley posts highest profit since financial crisis

    By Anil D'Silva and Avik Das (Reuters) - Wall Street investment bank Morgan Stanley reported its most profitable quarter since the financial crisis on Monday, boosted by higher revenue from trading bonds and equities. The bank's trading business, like those of its main rivals, got a boost in the quarter after the Swiss central bank scrapped a cap on the franc, the European Central Bank announced its quantitative easing program and the U.S. Federal Reserve took steps toward tightening monetary po…
    - 13 hours ago, 21 Apr 15, 12:44am -
  • newRaytheon to buy cybersecurity firm Websense in $1.9 billion deal

    Raytheon to buy cybersecurity firm Websense in $1.9 billion deal

    U.S. arms maker Raytheon Co is buying network security provider Websense Inc from private equity firm Vista Equity Partners LLC in a $1.9 billion deal, the latest in the fast-growing cybersecurity market. Several companies, including Sony Corp, Staples Inc, Home Depot Inc and Target Corp, have been targets of high-profile data thefts over the past two years. "We're seeing an exponential increase in the number of attacks by ultra-sophisticated attackers," Raytheon Chief Executive Thomas Kennedy t…
    - 15 hours ago, 20 Apr 15, 10:21pm -
  • newPN investment in India at highest level in eight years
    New Delhi, April 20 (IANS) Foreign institutional investment by means of Participatory Notes (PNs) reached its highest level in a seven-year timeframe at Rs.2.72 lakh crore during March this year. PNs are instruments issued by registered foreign institutional investors (FII) to overseas investors who want to invest in the Indian stock markets without registering themselves with the market regulator SEBI. The share of PNs in FII investment has fallen over the years after SEBI tightened its noose o…
    - 16 hours ago, 20 Apr 15, 9:56pm -
  • newChina and Pakistan launch economic corridor plan worth $46 billion

    China and Pakistan launch economic corridor plan worth $46 billion

    By Katharine Houreld ISLAMABAD (Reuters) - China and Pakistan launched a plan on Monday for energy and infrastructure projects in Pakistan worth $46 billion, linking their economies and underscoring China's economic ambitions in Asia and beyond. China's President Xi Jinping arrived in Pakistan to oversee the signing of agreements aimed at establishing a China-Pakistan Economic Corridor between Pakistan's southern Gwadar port on the Arabian Sea and China's western Xinjiang region.
    - 16 hours ago, 20 Apr 15, 9:37pm -
  • newIndia's reserves rise $20 billion in Q1, buck slower reserve growth trend

    India's reserves rise $20 billion in Q1, buck slower reserve growth trend

    India has posted the biggest gain in hard currency reserves of any major emerging economy in the past year, bucking the weaker trend in fellow BRICS states Russia, Brazil and South Africa. Indian reserves stood at $343 billion at the end of March 2015, up more than $20 billion from end-2014 levels and a jump of almost $40 billion from a year ago, this graphic shows: http://link.reuters.com/huf76v Reforms after a pro-business government took office last May triggered huge foreign inflows into Ind…
    - 18 hours ago, 20 Apr 15, 7:38pm -
  • newSensex falls nearly 2 percent; capital goods stocks plunge
    Mumbai, April 20 (IANS) Below-expectation quarterly results coupled with negative global cues led to a benchmark index of the Indian equities markets, the 30-scrip BSE Sensitive Index (Sensex), closing 556 points or nearly 2 percent down on Monday.
    - 20 hours ago, 20 Apr 15, 5:32pm -
  • newSensex marks steepest fall in nearly one month

    Sensex marks steepest fall in nearly one month

    MUMBAI (Reuters) - The BSE Sensex and Nifty fell nearly 2 percent on Monday, marking their steepest fall in nearly one month as most blue-chips declined on worries that retrospective taxation could lead to foreign portfolio outflows. Fresh fears over the impact of retrospective taxation rattled foreign investors and Indian markets on Monday, traders said, as stocks fell for a fourth consecutive day and the rupee hit its weakest in more than a month. Foreign investors, key to Indian shares hittin…
    - 22 hours ago, 20 Apr 15, 3:59pm -
  • newSensex closes nearly 2 percent down
    Mumbai, April 20 (IANS) Below-expectation quarterly results coupled with negative global cues led to a benchmark index of the Indian equities markets, the 30-scrip BSE Sensitive Index (Sensex), provisionally closing the day's trade on Monday incurring heavy losses. It closed 556 points or nearly 2 percent down.
    - 22 hours ago, 20 Apr 15, 3:52pm -
  • newTax worries drag rupee to over 1-mth low, stocks slip

    Tax worries drag rupee to over 1-mth low, stocks slip

    By Neha Dasgupta and Abhishek Vishnoi MUMBAI (Reuters) - Fresh fears over the impact of retrospective taxation rattled foreign investors and Indian markets on Monday, traders said, as stocks fell for a fourth consecutive day and the rupee hit its weakest in more than a month. While Prime Minister Narendra Modi's government had said it would move towards a tax-friendly regime to boost much needed foreign investment in India, media reports over the weekend said tax authorities have sent fresh noti…
    - 22 hours ago, 20 Apr 15, 3:43pm -
  • newSensex trades 466 points down; capital goods stocks hit
    The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also trading deep in the red during the late afternoon trade session. The Sensex of the S&P Bombay Stock Exchange (BSE), which opened at 28,525.65 points, was trading at 27,976.01 points (at 2.30 p.m.) in the late afternoon trade session, down 466.09 points or 1.64 percent from the previous day's close at 28,442.10 points. The Sensex touched a high of 28,539.46 points and a low of 27,944.64 points in the intra-day trade so far. Ac…
    - 22 hours ago, 20 Apr 15, 3:18pm -
  • newChina stocks retreat as crackdown fears trump latest cbank easing; rates, yuan also fall

    China stocks retreat as crackdown fears trump latest cbank easing; rates, yuan also fall

    By Nathaniel Taplin SHANGHAI (Reuters) - China shares dived on Monday in volatile trade as fears of a regulatory crackdown on the world's hottest stock market offset the central bank's most aggressive move yet to bolster the slowing economy. A cut in banks' reserve requirements announced by the People's Bank of China on Sunday was the largest since the global financial crisis, but markets reacted half-heartedly as traders focused on moves by the securities regulator which they feared could pop a…
    - 23 hours ago, 20 Apr 15, 2:17pm -
  • Sensex down 226 points; automobile stocks hit
    Mumbai, April 20 (IANS) Negative global cues led a benchmark index of the Indian equities markets, the 30-scrip BSE Sensitive Index (Sensex), to make heavy losses during the mid-afternoon trade session on Monday. The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also trading in the red during the mid-afternoon trade session. The Sensex of the S&P Bombay Stock Exchange (BSE), which opened at 28,525.65 points, was trading at 28,216.29 points (at 1.00 p.m.) in the mid-afternoon trad…
    - 1 day ago, 20 Apr 15, 1:20pm -